Restaurant 114 m² in Spain, Spain

Commercial premises for sale with a tenant in the very center of Madrid.

Environment:

• the main street of the city - Gran Via, where all the main establishments of the city, fashionable boutiques, as well as the best hotels in the capital;
• Fuencarral street is one of the key business streets of the city;
• one of the main squares of the city - Plaza Callao;
• the largest cinema in Madrid;
• El Corte Ingles shopping center.

This location is unprecedented in guaranteeing continuous foot traffic near the premises throughout the year, as well as successful trade for any business.

The property is rented out as a bar. The lease agreement was signed in September 2017 for a period of 10 years. The rental price is 2.600€ / month, resulting in a yield of 6.1%. The agreement provides for an annual increase in rental price, according to the IPC (Consumer Price Index). Communidad costs are paid by the tenant.

The premises with a total area of ​​114 m2 are located on the first floor of a historic residential building and are equipped with a bright facade, as well as a prominent entrance. The room is equipped with an extractor hood. License C3 for restaurant activities is included in the price.

The premises are sold for 515,000 €, which will not only allow you to receive a stable income in euros, but also to obtain an investor residence permit.